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In reply to the discussion: Musk has lost almost a third of his Net Worth [View all]stopdiggin
(14,994 posts)27. for perspective - Musk's wealth can see-saw up and down - losing nearly 100 billion
(by some estimates) in a short two months - (while also gaining 87 billion in just December of last year)
And still, today, remain far and away the richest person on earth - by a margin of almost another 100 billion.
https://fortune.com/2025/02/11/elon-musk-net-worth-400-billion-tesla-stock/
https://www.forbes.com/sites/dereksaul/2025/03/06/elon-musk-is-officially-121-billion-poorer-than-his-peak-as-tesla-stock-erases-most-all-of-its-election-rally/
And still, today, remain far and away the richest person on earth - by a margin of almost another 100 billion.
- Fortune, Feb. 11, 2025 - - After reaching a net worth of more than $486 billion in December, Elon Musks wealth has sunk below $400 billion for the first time in 2025. Teslawhere Musk derives about 60% of his wealthhas had an abysmal year. Waning demand and Musks continued controversial foray into politics have helped drive the stock down 27%.
Elon Musk has lost nearly $90 billion of his wealth in less than two months, pushing his net worth below $400 billion for the first time this year, according to the Bloomberg Billionaires Index, as Tesla weathers a double-digit stock slump.
Musks wealth reached historic heights in December when he became the first person to boast a net worth of $400 billion. That astronomical figure continued to climb until Dec. 17, when Musks wealth peaked at $486.4 billion, thanks to SpaceXs $350 billion valuation and investors big bet on Musks expansive role in President Donald Trumps inner circle.
Just two months later, Musks net worth has been humbled by Teslas share price, which has cratered 27% in less than two months. Tesla saw its first year-over-year sales loss in more than a dozen years, selling 20,000 fewer vehicles in 2024 than the year before, as it competes with Chinas more affordable BYD
Elon Musk has lost nearly $90 billion of his wealth in less than two months, pushing his net worth below $400 billion for the first time this year, according to the Bloomberg Billionaires Index, as Tesla weathers a double-digit stock slump.
Musks wealth reached historic heights in December when he became the first person to boast a net worth of $400 billion. That astronomical figure continued to climb until Dec. 17, when Musks wealth peaked at $486.4 billion, thanks to SpaceXs $350 billion valuation and investors big bet on Musks expansive role in President Donald Trumps inner circle.
Just two months later, Musks net worth has been humbled by Teslas share price, which has cratered 27% in less than two months. Tesla saw its first year-over-year sales loss in more than a dozen years, selling 20,000 fewer vehicles in 2024 than the year before, as it competes with Chinas more affordable BYD
https://fortune.com/2025/02/11/elon-musk-net-worth-400-billion-tesla-stock/
https://www.forbes.com/sites/dereksaul/2025/03/06/elon-musk-is-officially-121-billion-poorer-than-his-peak-as-tesla-stock-erases-most-all-of-its-election-rally/
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that's what worries me endlessly-- especially since we have no justice system now
LymphocyteLover
Mar 2025
#75
He didn't touch the Bible this time. True. And had his fingers crossed behind his back. OK, I made that one up.
Evolve Dammit
Mar 2025
#52
A grown adult (physically), with the mentality of a teenage sociopath and drug abuser should never have had that
artemisia1
Mar 2025
#2
"It occurs to me that the best way you hurt rich people is by turning them into poor people."
no_hypocrisy
Mar 2025
#4
He still has $300 billion. Enough to buy the Trump Administration and the entire Republican Party many times over.
Midnight Writer
Mar 2025
#6
I would like to see him arrested in a deNazification program when the world kicks the doors in.
NNadir
Mar 2025
#8
for perspective - Musk's wealth can see-saw up and down - losing nearly 100 billion
stopdiggin
Mar 2025
#27
A reverse Moe Howard is in order. "If you're so rich, how come you're not smart?"
GreenWave
Mar 2025
#40